Feenstra Renews Call for COST Act After Biden Signs Executive Order Mandating Zero-Emission Government Vehicle Fleet

Washington, D.C. - December 10, 2021 - (The Ponder News) -- On Wednesday, President Biden signed an executive order that bars federal agencies from buying liquid fuel vehicles by 2035, including a transition to all electric vehicles for government-owned passenger cars by 2027. Following the signing of this executive order, Rep. Randy Feenstra (IA-04) released the following statement renewing his call for Congress to pass his Comparison of Sustainable Transportation (COST) Act:

“President Biden’s obsession with electric vehicles isn’t based on facts. Producing batteries for these vehicles, on top of the coal-generated power needed to charge them, requires a significant amount of money, energy, and nonrenewable resources. This is a rhetoric-driven decision that completely ignores the positive role biofuels play in reducing costs and emissions.

“In light of this announcement, Congress should immediately consider my COST Act to compare the full financial and environmental impact of choosing electric vehicles over E85 flex-fuel vehicles. Simply put, the Biden administration should not be so quick to jump to electric vehicles when E85 flex-fuel could provide an even cheaper and cleaner option.”

Biden’s executive order comes after the administration dealt a serious blow to the Renewable Fuel Standard (RFS), which Feenstra referred to as the “absolute height of hypocrisy” given the administration’s focus on climate change and gas prices.

The COST Act directs the Comptroller General and the Secretary of Energy to compare the financial and environmental costs of replacing federal government gasoline-powered vehicles with electric vehicles or E85 capable flex-fuel vehicles. The bill then requires the Secretary of Energy to report findings to the Committee on Science, Space, and Technology.

CEOS CALL ON CONGRESS TO ADDRESS SURGE OF RETAIL CRIME

Washington, D.C. - December 10, 2021 - (The Ponder News) -- In a letter to Congressional leadership, 20 CEOs of leading retailers expressed urgent concern over the growing impact of organized retail crime on retail employees and communities across the U.S. The signatories representing apparel, electronics, health and beauty, home improvement, and general merchandise sectors implore lawmakers to pass the INFORM Consumers Act, legislation that will modernize our consumer protection laws to safeguard families and communities from the sale of illicit products.

“Retailers have made significant investments to combat organized retail crime, but as they note in today’s letter, criminals will continue these brazen thefts as long as they are able to anonymously sell their stolen goods via online marketplaces. Fortunately, there is a growing consensus among business leaders, law enforcement, and a bipartisan group of policymakers that INFORM Consumers Act is an important and appropriate step to stemming the tide. Deterring these crimes starts with making it harder for thieves to sell stolen goods online. We urge Congress to seize this opportunity to help protect communities, families, and consumers.”

Retail leaders who signed today’s letter include:

Ken Hicks, Academy Sports + Outdoors

Corie Barry, Best Buy Co., Inc.

Lauren Hobart, DICK’S Sporting Goods, Inc.

Richard Johnson, Foot Locker, Inc.

W. Rodney McMullen, The Kroger Co.

Richard Keyes, Meijer, Inc.

Erik B. Nordstrom, Nordstrom, Inc.

Heyward Donigan, Rite Aid Corporation

Brian C. Cornell, Target Corporation

Steve Rendle, VF Corporation

William Rhodes, AutoZone, Inc.

Neela Montgomery, CVS Health

Todd J. Vasos, Dollar General Corporation

Craig Menear, The Home Depot, Inc.

Chip Bergh, Levi Strauss & Co.

Geoffroy van Raemdonck, Neiman Marcus, Inc.

Ron Coughlin, Petco Animal Supplies, Inc.

Anthony T. Hucker, Southeast Grocers

David Kimbell, Ulta Beauty, Inc.

John Standley, Walgreens Boots Alliance, Inc.

Brian Dodge, Retail Industry Leaders Association

Read the full letter here.